VAT Group AG (VACN) - Net Assets

Latest as of June 2025: CHF694.32 Million CHF ≈ $877.81 Million USD

Based on the latest financial reports, VAT Group AG (VACN) has net assets worth CHF694.32 Million CHF (≈ $877.81 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF1.36 Billion ≈ $1.72 Billion USD) and total liabilities (CHF663.12 Million ≈ $838.36 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CHF694.32 Million
% of Total Assets	51.15%
Annual Growth Rate	35.42%
5-Year Change	38.43%
10-Year Change	N/A
Growth Volatility	293.27

VAT Group AG - Net Assets Trend (2015–2024)

This chart illustrates how VAT Group AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for VAT Group AG (2015–2024)

The table below shows the annual net assets of VAT Group AG from 2015 to 2024.

Year	Net Assets	Change
2024-12-31	CHF753.88 Million ≈ $953.10 Million	-0.43%
2023-12-31	CHF757.16 Million ≈ $957.26 Million	-2.97%
2022-12-31	CHF780.32 Million ≈ $986.54 Million	+23.01%
2021-12-31	CHF634.37 Million ≈ $802.02 Million	+16.49%
2020-12-31	CHF544.57 Million ≈ $688.49 Million	+4.04%
2019-12-31	CHF523.44 Million ≈ $661.76 Million	-7.22%
2018-12-31	CHF564.17 Million ≈ $713.26 Million	+1.10%
2017-12-31	CHF558.01 Million ≈ $705.47 Million	+9.27%
2016-12-31	CHF510.65 Million ≈ $645.60 Million	+938.14%
2015-12-31	CHF49.19 Million ≈ $62.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to VAT Group AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 7877.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CHF776.77 Million	103.04%
Common Stock	CHF3.00 Million	0.40%
Other Comprehensive Income	CHF-16.38 Million	-2.17%
Total Equity	CHF753.88 Million	100.00%

VAT Group AG Competitors by Market Cap

The table below lists competitors of VAT Group AG ranked by their market capitalization.

Company	Market Cap
Banco Santander Chile NYSE:BSAC	$15.99 Billion
Banco Santander Chile SN:BSANTANDER	$16.01 Billion
Fabrinet NYSE:FN	$16.02 Billion
Sun Communities Inc NYSE:SUI	$16.03 Billion
REA Group Ltd AU:REA	$15.98 Billion
Lululemon Athletica Inc F:33L	$15.95 Billion
Bank of Ireland Group PLC IR:BIRG	$15.95 Billion
United Microelectronics Corporation F:UMCB	$15.95 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in VAT Group AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 757,161,000 to 753,877,000, a change of -3,284,000 (-0.4%).
Net income of 211,799,000 contributed positively to equity growth.
Dividend payments of 187,415,000 reduced retained earnings.
Share repurchases of 7,019,000 reduced equity.
Other comprehensive income decreased equity by 8,804,000.
Other factors decreased equity by 11,845,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CHF211.80 Million	+28.09%
Dividends Paid	CHF187.41 Million	-24.86%
Share Repurchases	CHF7.02 Million	-0.93%
Other Comprehensive Income	CHF-8.80 Million	-1.17%
Other Changes	CHF-11.85 Million	-1.57%
Total Change	CHF-	-0.43%

Book Value vs Market Value Analysis

This analysis compares VAT Group AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 23.28x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 248.53x to 23.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	CHF2.35	CHF585.00	x
2016-12-31	CHF18.38	CHF585.00	x
2017-12-31	CHF18.63	CHF585.00	x
2018-12-31	CHF18.81	CHF585.00	x
2019-12-31	CHF17.45	CHF585.00	x
2020-12-31	CHF18.15	CHF585.00	x
2021-12-31	CHF21.13	CHF585.00	x
2022-12-31	CHF26.00	CHF585.00	x
2023-12-31	CHF25.24	CHF585.00	x
2024-12-31	CHF25.13	CHF585.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently VAT Group AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 28.09%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.48%
• Asset Turnover: 0.73x
• Equity Multiplier: 1.72x
Recent ROE (28.09%) is above the historical average (23.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	14.35%	1.72%	0.46x	18.16x	CHF2.14 Million
2016	13.17%	13.24%	0.57x	1.73x	CHF16.17 Million
2017	20.73%	16.71%	0.70x	1.78x	CHF59.88 Million
2018	24.05%	19.44%	0.72x	1.72x	CHF79.27 Million
2019	14.29%	13.12%	0.59x	1.86x	CHF22.48 Million
2020	23.49%	18.48%	0.70x	1.83x	CHF73.48 Million
2021	34.28%	24.13%	0.84x	1.69x	CHF154.00 Million
2022	39.31%	26.78%	0.90x	1.64x	CHF228.75 Million
2023	25.13%	21.50%	0.76x	1.54x	CHF114.59 Million
2024	28.09%	22.48%	0.73x	1.72x	CHF136.41 Million

Industry Comparison

This section compares VAT Group AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $552,435,300
Average return on equity (ROE) among peers: 15.16%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
VAT Group AG (VACN)	CHF694.32 Million	14.35%	0.96x	$15.99 Billion
Accelleron Industries AG (ACLN)	$302.90 Million	33.41%	2.98x	$6.18 Billion
Burckhardt Compression (BCHN)	$345.03 Million	8.01%	1.46x	$1.91 Billion
Bucher Industries AG (BUCN)	$1.39 Billion	10.81%	0.75x	$3.61 Billion
Bystronic AG (BYS)	$724.20 Million	5.05%	0.58x	$449.27 Million
Feintool International Holding (FTON)	$229.93 Million	13.94%	1.31x	$147.25 Million
Georg Fischer AG (GF)	$1.37 Billion	18.41%	1.64x	$4.37 Billion
Interroll Holding AG (INRN)	$492.53 Million	11.35%	0.22x	$1.29 Billion
Kardex (KARN)	$284.90 Million	28.33%	0.73x	$2.02 Billion
Klingelnberg AG (KLIN)	$162.97 Million	11.79%	0.57x	$96.80 Million
Komax Holding AG (KOMN)	$222.10 Million	10.46%	0.45x	$295.64 Million

About VAT Group AG

SW:VACN Switzerland Specialty Industrial Machinery

Market Cap

$22.17 Billion

CHF17.54 Billion CHF

Market Cap Rank

#1533 Global

#28 in Switzerland

Share Price

CHF585.00

Change (1 day)

-0.65%

52-Week Range

CHF257.70 - CHF588.80

All Time High

CHF588.80